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Mangalore , Jan. 28

CORPORATION Bank has announced plans to distribute mutual fund products of Franklin Templeton Investments as a part of its strategy to increase its fee-based income.

A bank release said here on Friday that Mr N.N. Pal, General Manager (Bancassurance), Corporation Bank, and Mr Sandeep Singh, National Sales Head, Franklin Templeton Investments, signed an agreement in this regard, in Mangalore recently.

Claiming that the bank is in the forefront in offering value-added and innovative products and services to its customers, Mr Pal said his bank is the first public sector bank to have a tie-up with Franklin Templeton Investments.

The bank is also distributing the products of LIC MF, DSP MF, Reliance MF and UTI MF at key branches across the country.

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